What Is Bounce Coinbase Quiz

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| By Sankalp Awasthi
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Sankalp Awasthi
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Quizzes Created: 198 | Total Attempts: 762,726
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What Is Bounce Coinbase Quiz - Quiz

What is Bounce Coinbase? Quiz yourself today to find out how much do you know! This amazing quiz will help you with learning about this fantastic system to learn and earn some cryptocurrencies. It might even just be a refresher course for you in case you already know something about it. Don't forget to share this quiz with all your friends once you have finished taking it so they can learn about Bounce Coinbase as well! All the best!


Questions and Answers
  • 1. 

    What is Bounce?

    • A.

      A cryptocurrency

    • B.

      A fiat token

    • C.

      A decentralized auction protocol

    • D.

      An NFT

    Correct Answer
    C. A decentralized auction protocol
    Explanation
    A bounce is a decentralized auction protocol used in the cryptocurrency industry. It allows users to participate in auctions and bid on various assets, such as NFTs, in a transparent and secure manner. The protocol eliminates the need for intermediaries, providing a decentralized and efficient solution for conducting auctions.

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  • 2. 

    How can Bounce be used?

    • A.

      By purchasing it

    • B.

      By selling it

    • C.

      By creating or participating in auctions

    • D.

      By purchasing NFTs

    Correct Answer
    C. By creating or participating in auctions
    Explanation
    Bounce can be used by creating or participating in auctions. Bounce is a decentralized auction protocol that allows users to create and participate in auctions for various assets. Users can create their own auctions to sell their assets or participate in auctions to purchase assets. This platform provides a secure and transparent environment for conducting auctions, making it a useful tool for individuals looking to buy or sell assets through auction mechanisms.

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  • 3. 

    Where can you find the Bounce app?

    • A.

      The Play store

    • B.

      The Apple store

    • C.

      On its website

    • D.

      On your phone

    Correct Answer
    C. On its website
    Explanation
    The Bounce app can be found on its website. This means that users can access and download the app directly from the Bounce website, rather than through the Play Store or Apple Store.

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  • 4. 

    What is the Bounce token?

    • A.

      A BTC token

    • B.

      An ETH token

    • C.

      A SOL token

    • D.

      An ADA token

    Correct Answer
    B. An ETH token
    Explanation
    The Bounce token is an ETH token. This means that it is a token built on the Ethereum blockchain network. Ethereum is a decentralized platform that enables the creation of smart contracts and the development of various tokens. Bounce token is specifically built on the Ethereum network, allowing users to participate in decentralized auctions and prediction markets.

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  • 5. 

    What is the Bounce token's crypto to crypto trading pair?

    • A.

      USDC

    • B.

      BTC

    • C.

      ETH

    • D.

      USDT

    Correct Answer
    D. USDT
    Explanation
    The Bounce token's crypto to crypto trading pair is USDT. USDT is a popular stablecoin that is pegged to the value of the US dollar. It is widely used in cryptocurrency trading as a way to hedge against market volatility.

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  • 6. 

    About how many confirmations are needed for the Bounce token?

    • A.

      10

    • B.

      15

    • C.

      30

    • D.

      35

    Correct Answer
    D. 35
    Explanation
    The Bounce token requires 35 confirmations. Confirmations refer to the number of times a transaction has been verified by the network. In the case of Bounce token, it needs to be confirmed 35 times before the transaction is considered valid and finalized. This ensures the security and integrity of the transaction on the blockchain network.

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  • 7. 

    What is the maximum withdrawal amount for the Bounce token through Coinbase?

    • A.

      5000 tokens

    • B.

      6000 tokens

    • C.

      7000 tokens

    • D.

      8000 tokens

    Correct Answer
    D. 8000 tokens
    Explanation
    The maximum withdrawal amount for the Bounce token through Coinbase is 8000 tokens.

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  • 8. 

    What is the minimum withdrawal amount for the Bounce token through Coinbase?

    • A.

      0.00001 tokens

    • B.

      0.000000000001 tokens

    • C.

      0.000000000000000001 tokens

    • D.

      0.000000000000000000000001 tokens

    Correct Answer
    C. 0.000000000000000001 tokens
    Explanation
    The minimum withdrawal amount for the Bounce token through Coinbase is 0.000000000000000001 tokens.

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  • 9. 

    What does Coinbase do?

    • A.

      Purchase crypto

    • B.

      Sell crypto

    • C.

      Online auction portal

    • D.

      Online portal to learn and earn crypto

    Correct Answer
    D. Online portal to learn and earn crypto
    Explanation
    Coinbase is an online portal that provides users with the opportunity to learn about cryptocurrencies and earn them. It offers educational resources and tutorials for individuals interested in understanding the world of digital currencies. Additionally, Coinbase provides a platform where users can earn crypto through various activities such as completing quizzes or referring friends. It also allows users to buy and sell cryptocurrencies, but the main focus of Coinbase is to provide a learning and earning platform for crypto enthusiasts.

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  • 10. 

    What regions support the Bounce token on Coinbase?

    • A.

      The US

    • B.

      Japan

    • C.

      Germany

    • D.

      The UK

    Correct Answer(s)
    A. The US
    D. The UK
    Explanation
    The Bounce token is supported on Coinbase in the US and the UK.

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